MECHANICSVILLE, Va. -- Richfood Holdings here last week said it has agreed to acquire Rotelle Inc., a Philadelphia-area frozen food distributor, for $52.8 million cash. Rotelle, based in West Point, Pa., is one of the nation's leading frozen food distributors with annual sales of about $340 million. It supplies supermarkets in eastern Pennsylvania, New Jersey, Delaware and, to a lesser extent, in Maryland and New York. The acquisition, which is expected to close by Sept. 16, would add more ...
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